Los Angeles daily herald., 1887-01-07
REAL ESTATE.
What Has Been Done in
the Past Week.
MANY NOTABLE SALES.
Over 81, 900, 900 Worth of Property
Sold in Four Days-Great Ac-
tivity Along NewR. RS.

Below is given the aggregate busi
ness in the real estate market for the
four days of this week just passed.
The daily sales number good deal
over one hundred. For the most part
the buyers pay for the property they
buy, and there are more releases OF
mortgages recorded than there are new
mortgages put on land. Among the
most
NOTABLE SALES
Were the following: II. D. Bacon to d.
Mcfarland. part of the Marengo tract.
near the Raymond hotel, Pasadena, for
sl59,OOO. The buyer has reconveyed
this property to the Raymond Improve
ment company, and this indicates unus.
ual activity TO be set agog there at
once.
Charlotte Woolf and R. II. Woof to
Josephus Hicklin, six and forty.hun.
dredth acres in the Rancho San jose,
near Pomona, for $4,000. This is along
the line of the new railroad between
San Bernardino and this city, where 2
great deal of land is changing hands,
and at steadily advanced drices.. w..
A. I. Currier sold George "A. Whit
aker fifteen acres near the same place
for S27OO Then comes the sale OF
part of the Azusa Ranch by j. >.
Slauson to corporation, which is or.
psnized to make o new town on the
Dalton Ranch, at the terminus of the
Los Angeles and San Gabriel Valley
Railway, at $50. OOO. -,
w. B. Cox sold to A. J. Mcclellan, W.
G, McBratney aud Ellen r Lawrence
ninety.seven and sixty.one hundreths
acres in the Cienega Ranch at $32, 900.
F. Boeckman to Geo. III. Fullerton
and Alonzo Phillips fifty acres in sec
tion 81, township 3 s., range 10 W.,
for $500. This is near Anahein and
on the line of the new railroad from
Cotton to that point.
81. W. O'Melveny to. B. Kingsbaker,
nine lots in the Harvey tract for $l6,-
600.
w. H. Northcraft to Z. Thompson,
Is acres in section l6, township S.,
range l3 W., for $4,000.
p. McAnnany and John G. Haskell to
M. L. Wicks, 800 acres in section %,
township 2 s., range IA W., for $32.-
900. This is in the Cienega near the
line of the new railroad to La Ballona
harbor.
Geo. T. Vail to Rebscca Turner, 2
acres in lot 2, block II, Hancock's sur
vey, $4,000.
w. Fl. Griffin to John r. Porter, lot
4, Meyer block, $4,000.
H. T. Hazard to Eli Fay part of lot 5,
block s. Ord's survey; $4,000.
Edward Simons to Louis Gottschalk-
Lots and 2. block 5, Bells addition to
the city; $l4, $50.
M. F. Coronel to Juan Arroqui-50
acres in rancho Rincon de Los Bueyes;
go, 900.
j. A. Wilkes to j. w. Gardner-Lots
2 and rancho Canada de Los Alisos;
so, 600.
P. M. Anderson to A. l.. Anderson
Lands in the S. G. o. G. Association
tract; $751;
Annie Wilson and Ruth w Patton to
A. L. Anderson-2l.S "a acres in Wilson
Homestead tract; $l3, ,l65.
A. Cheriotfo to r. Rasch and E. NJ.
Morrison-l0.l2 acres on San Pedro
street; $4,000.
Sales for the week have aggregated:
On Monday. $l66, 900; Tuesday, $685..
900; Wednesday, $49l. 600; Thursday,
$l2O, 900; total for four days, 81. .O43, 900.
The sums are given in round numbers.
There were great many nominal trans
fers made which if the selling prices
were given would increase the amount
by at least twenty Eve per cent.
The activity is most observable along
the country where the new lines of rail.
roads are going. Pomona, Santa Ana.
between the city and La Ballona, are
the chief centers.
Large and numerous sales are pri.
vately reported as having been made
along the Azusa, but they are not yet put
on record. Some half score of sales are
said to have been made at from $4,000
to $4,000 each. Mesa land above the
Phillips ditch has changed hands at
500 an acre. There is no water on this,
but the buyers will tunnel the mountain
for it. An ex.county officer got bond
for deed there recently on some land.
He has since refused $4,000 bonus from
the seller to let him out of the contract,
but the buyer refused.
Andrew Joughim is said to have sold
his ranch on the Cienega for 500, 900.